Seems like both iDumb and I have similar perspective on TSLA stocks. I can't justify paying 200+ PE for a stock in my investment portfolio unless it's SQ LOL. Yet I'm sure I won't hesitate to pay 5k+ in the future when the PE comes down. These are the key dates you want to keep an eye on if you're looking to initiate a new position in TSLA - Aug 21 (today) is the last day to buy the stock at pre split price, Aug 28 is when the 5:1 split becomes official, Sep 22 is battery day or the annual shareholder meeting. Although I'm not ready to invest in TSLA, I love it as a trader. Currently I have a position, at least half of which I intend to sell today or sometime next week before the split (whenever the price starts pulling back considerably). If stock keeps going up I'll potentially hold until Sep 22.
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